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MENA Economic Reports

Reports on a range of macroeconomic subjects with a particular focus on the MENA region and the West East Corridor

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UAE Banking Review 2016

MENA Economic Reports - 15 December 2016

In October 2016, loans reached AED1,463 billion (USD 397.3bn), up 5.83% y-o-y. Personal loans accounted for 30% of total loan followed by construction loans (17.43%). Deposits reached AED1,503bn (4.72% y-o-y). Government deposits decreased to AED 158bn and constituted 10.7% of total deposits (…)

Alp Eke, Senior Economist
Rakesh Sahu, Analyst

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UAE Real Estate Review - 2016 Q3

MENA Economic Reports - 12 December 2016

By end of 2016, residential units are expected to reach up to 480,000. This will likely keep the pressure on prices. In September 2016, monthly average listed property sales prices in Dubai declined to AED 1,150 /sqf while Abu Dhabi ones remained the same at AED 1,340/sqf.

Alp Eke, Senior Economist
Rakesh Sahu, Analyst

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MENA Economic Reports